Odaily News OKX market data shows that ETH fell below 2500 USDT and is now at 2499.47 USDT, a 24-hour drop of 1.9%. (This newsletter is generated with the assistance of AI)

Odaily News According to on-chain data, a wallet address that has not been active since the Ethereum ICO in 2015 was activated today, having been dormant for about 9.9 years. The address currently still holds 2,000 ETH, which is valued at about $5.06 million at current prices, but was only worth about $620 that year. The address only transferred out 0.001 ETH in two transactions this time, and the specific purpose is currently unknown.

Odaily News According to the monitoring of on-chain analyst @ai_9684xtpa, ZKJ and KOGE, which have always been stable, fell by 3% in a short period of time between 21:20 and 22:05 today, which was suspected to be caused by the withdrawal of liquidity and continuous selling of address 0x364...f18e9. The address withdrew the bilateral liquidity of 1.29 million ZKJ and 8667 KOGE from OKX at 21:49, and then: sold a total of about 3.1 million US dollars of ZKJ at 21:21 and 22:05; sold about 550,000 US dollars of KOGE at 21:20. ZKJ's trading volume surged to 12.73 million US dollars at 21:21, triggering a continuous decline within 15 minutes, which may be caused by a chain reaction caused by LP panic withdrawal; a similar situation occurred at 22:05. KOGE was closely tied to ZKJ, and although the amount of selling was not large, it was also frustrated at the same time.

Odaily News In response to a user's question about whether MetaMask will issue tokens, Joseph Lubin, founder of ConsenSys, said that ConsenSys has developed short-term and medium-term strategic plans involving the protocolization of existing products and multiple new projects. Given that Web3 protocols usually rely on tokens to operate, multiple protocols will launch tokens in the future. Lubin revealed that the first token to be issued will be LINEA, and subsequent protocols will also achieve coordinated development.

Odaily News According to the official announcement, Binance Futures will adjust the leverage and margin levels of multiple USDⓈ-M perpetual contracts including XRPUSDT, DOGEUSDT, etc. at 06:30 (UTC time) on June 20, 2025. The BTCUSDT contract adjustment will be implemented first at 06:30 on June 17. (This newsletter is generated by AI)

Odaily News In its latest report, Coinbase said it is optimistic about the trend of the crypto market in the second half of 2025, but at the same time warned that some listed companies' purchase of Bitcoin through convertible debt and leverage may bring systemic risks. The report pointed out that there are currently 228 listed companies holding a total of about 820,000 BTC, of which about 20 adopt a financing model similar to MicroStrategy. If the market fluctuates sharply in the future or related debts mature in 2029-2030, passive selling pressure may be triggered. Coinbase said that short-term risks are controllable, and the key lies in the future refinancing ability of these companies. (TheBlock)